JSW MG Motor achieves record sales with 31% growth in October

New Energy vehicles are driving growth for the company, and constitute 70% of sales volume.

By Autocar Professional Bureau

01 Nov 2024

7240 Views

The MG Windsor has seen widespread reception in the Indian market as the country’s first CUV.

JSW MG Motor India marked a 31% year-on-year increase in sales volume with 7,045 units sold in October 2024. New Energy Vehicles (NEVs) made up over 70% of total sales—a first in the passenger car segment in India.

The achievement underscores the company’s commitment to electrifying the Indian auto market.

A significant highlight this month was the launch of the MG Windsor, which has been popular in the Indian market as the country’s first intelligent Crossover Utility Vehicle (CUV). The Windsor registered 3,116 units sold in October, making it the top-selling passenger electric vehicle for the month. The strong response in the EV market signals growing consumer preference for advanced electric mobility solutions.

The VAHAN portal, an official source for vehicle sales in India, recorded a 34% YoY growth in MG Motor India's figures for October (excluding Telangana). The company’s adherence to transparency in sales reporting, as pledged in prior months, has earned it notable consumer trust, the company said. The increase in demand was further fueled by the festive season, underscoring the success of MG Motor India’s EV lineup and the country’s progressive shift towards sustainable transportation.

The company’s achievement in October demonstrates its influential role in advancing India’s NEV ecosystem, aligning with the nation’s clean mobility goals.